CCTV News: Let us perceive the vitality of China's economy from a set of latest released data.
In the first five months of this year, my country's service trade increased by 7.7% year-on-year
The latest data from the Ministry of Commerce shows that in the first five months, my country's total service import and export volume was RMB 3254.36 billion, a year-on-year increase of 7.7%. Among them, exports were 1403.37 billion yuan, an increase of 15.1%; imports were 1850.99 billion yuan, an increase of 2.7%. While service trade has grown steadily, the structure has been further optimized. From January to May, the import and export of knowledge-intensive services was RMB 1249.27 billion, an increase of 5.0%. Among them, the import and export of other commercial services, telecommunications computers and information services is relatively large, effectively promoting economic growth and industrial structure upgrading. From January to May, travel services continued to grow rapidly, with imports and exports reaching 920.05 billion yuan, an increase of 12.2%, making it the largest area of service trade.
The latest data released by the State Administration of Taxation shows that from January to May this year, the main policies supporting the development of scientific and technological innovation and manufacturing reached 636.1 billion yuan in tax reduction and fee reduction and tax refunds. VAT invoice data shows that from January to May, the sales revenue of high-tech industries increased by 14.2% year-on-year, significantly faster than the overall national growth rate; from January to May, the sales revenue of my country's manufacturing enterprises increased by 4.2% year-on-year. Among them, sales revenue of digital product manufacturing and high-tech manufacturing both maintained double-digit growth.
China's commodity price index continued to rebound in June
The China Federation of Logistics and Procurement announced on July 5 that China's commodity price index in June was 110.8 points, up 0.5% month-on-month. The month-on-month rebound has been seen for two consecutive months, indicating that the production and operation activities of enterprises continue to recover, and the operation of the commodity market has shown a steady and progressive development trend.
